logo
episode-header-image
Jul 2024
37m 32s

How to Find, Evaluate, and Offer on Rent...

BIGGERPOCKETS
About this episode

Want financial freedom through real estate? Then, you’ll need to know how to buy a rental property. Don’t worry; even as a beginner, you can take three basic steps to buy your first rental property and start building the passive income you’ve always dreamed of. To help you out, Dave Meyer, BiggerPockets’ VP of Market Intelligence and a fourteen-year real estate investing veteran, will walk you through finding, evaluating, and offering on rental properties. 


Whether you’re a beginner or an active investor, these three steps will help you land more real estate deals with less effort and help you reach your financial goals faster. Not only that, Dave is giving his time-tested tips on how to make an irresistible offer to a seller—something that most real estate investors DON’T know how to do. Dave even shares every tool he uses to find, analyze, and research real estate deals so he can decide on a rental in minutes, NOT hours!


Make 2024 the year you start investing for financial freedom. Sign up for BiggerPockets Pro using promo code “EVALPOD24” to get 20% off the industry’s best real estate investing tools. 


In This Episode We Cover

How to find and buy your first rental property (even if you’re a complete beginner)

Using real estate to reach financial freedom faster than you thought possible

Finding real estate deals in 2024 and expert-investor tactics most have never heard of 

Using the BiggerPockets Rental Property Calculator to analyze deals in minutes 

Seven different tips to get a seller to accept your offer (EVEN in a competitive market)

The one real estate investing tool that will speed up your path to building a portfolio 

And So Much More!


(00:00) Intro

(02:03) Want Financial Freedom?

(09:00) 1. Finding Real Estate Deals

(12:37) 2. Evaluating Properties 

(24:34) 3. Making Your Offer

(29:10) Best Tool for Beginners 

(37:00) PRO CODE


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-no-number-3

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
2025 Long-Distance Investing Blueprint (Listen Before Buying)
Can’t make the numbers work in your local market? No worries—long-distance real estate investing is the natural next step. We’ve done it before, many times, and made the beginner mistakes, so you don’t have to. Now, we’re gearing up to do it again. Dave and Henry are heading out ... Show More
41m 2s
Jul 7
Replacing His Income with Rentals (in 3 Years!) by “Recycling” Money
In just three years, this investor scaled up to making over $100,000 per year thanks to real estate. He did it all starting in 2022 when interest rates were beginning to rise, the market was turning, and many investors decided to sit on their hands. Thanks to a strategy that allo ... Show More
40m 2s
Jul 4
How to Buy Real Estate Without Banks (Private Money Lending)
Can’t (or don’t want to) get a bank loan? We have another option for funding your real estate investments: private money lending! If your DTI (debt-to-income) is too high, you’ve maxed out how many mortgages you can get, or you need quick cash to finance a renovation, house flip, ... Show More
40m 14s
Recommended Episodes
Feb 2025
7 Best (Beginner) Markets to Buy Rental Properties in 2025 (Rookie Reply)
Where should YOU invest in 2025? Stay tuned because we’re going to share our top seven real estate markets for buying rental properties this year. We’ll tell you why we like them, why they’re growing, and whether it’s worth moving there to invest!Welcome back to another Rookie Re ... Show More
41m 15s
Nov 2024
Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
Can you start investing in real estate WITHOUT a stable W2 job? How will you get a loan? What happens if you have a fluctuating income? Are you completely out of luck? Not at all! Today’s guest, David Sladewski, proves that you can STILL invest in real estate no matter your age, ... Show More
44m 1s
Sep 2024
The Rental Property Toolkit: How to Build Your Buy Box and Source More Deals
Struggling to land your next rental property? Even in today’s housing market, there’s a great deal out there with your name on it—you just need to know where to look. In today’s episode, Ashley and Tony will share their favorite strategies, software, and tools for finding real es ... Show More
35m 42s
Jun 9
6 Rental Properties (in 2 Years!) While Working 9-5
Want to invest in real estate but fear you don’t have the time or energy? You DON’T need to quit your day job to build a cash-flowing real estate portfolio, and today’s guest is proof. In just two years, he scaled to six rentals (12 units) while holding down his nine-to-five—all ... Show More
40m 56s
Sep 2024
Reaching Financial Independence with 5 Properties & Multiple Income Streams w/Kadeem Leslie
Can real estate investing still propel you to financial independence in 2024? Despite starting with very little money or know-how, this investor found creative ways to build a real estate portfolio of five rental properties and reach his financial goals!Kadeem Leslie was just fif ... Show More
42m 24s
Nov 2024
Quitting His Job with Real Estate After Cracking the Cash Flow Code
Want to quit your job with real estate investing? Rookie investor Miller McSwain has a strategy anyone can copy to make serious cash flow. This investing strategy is rookie-friendly and allows you to learn the real estate investing ropes while making serious money. Miller now has ... Show More
45m 11s
Jun 2024
2024 Real Estate Market
Join Tom Wheelwright as he discovers what is happening in the real estate market with his guest and residential real estate expert, Jason Hartman. Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 citi ... Show More
34 m
Aug 2024
240: BiggerPockets Real Estate Episode 1,000: Real Estate Is Changing, and So Is BiggerPockets
For the past 999 episodes of the BiggerPockets Real Estate Podcast, we’ve heard stories from investors who have achieved financial freedom through rental property investing. However, when we started this podcast in 2013, it was a different time. The housing market had crashed jus ... Show More
47m 42s
Jul 2024
The Complete Guide to Real Estate Notes (Should You Invest!?)
In this episode of the Personal Finance Podcast, we're going to talk about the complete guide to real estate notes and should you invest in real estate notes? How Andrew Can Help You: Don't let another year pass by without making significant strides toward your dreams. "Master Yo ... Show More
38m 17s
May 6
Four Top Investors Reveal Their Best Real Estate Bets
With mortgage rates high and commercial real estate under pressure, where should investors be putting their money? In this episode, we break down four expert-backed strategies for real estate investing in today’s uncertain market—from multifamily plays in Texas to overlooked stud ... Show More
16m 31s